I have recently received a few questions on the order of “How can I tell if management is shareholder friendly? Can you tell me if management at company X passes the smell test?” The second question is far too...
Read MoreA couple of interesting events have taken place at Universal Security Instruments since they were last discussed on this site as a potential “buy” opportunity. In addition to a rather dead housing market, one of the...
Read MoreInvestors rely heavily on the financials that companies release. But managements have significant leeway when it comes to creating its results. In this book, Thornton O’Glove tells investors how to judge the quality of a...
Read MoreInvestors rely heavily on the financials that companies release. But managements have significant leeway when it comes to creating its results. In this book, Thornton O’Glove tells investors how to judge the quality of a...
Read MoreKarsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site....
Read MoreThe US private sector likely created approximately two million jobs in the month of September. That appears to be in stark contrast to the paltry number the government will appear to report tomorrow. That’s because the...
Read MorePetMed Express (PETS) is an online and over-the-phone retailer of pet medications. Its returns on capital have been strong for over a decade. During the recent market turmoil, however, the stock has taken a dive; the stock is...
Read MoreFor various reasons, value investors are encouraged to use an average of several years worth of earnings as an estimate of a company’s earnings power. But when a company grows quickly (e.g. through the acquisition of a...
Read MoreVersant trades for just $33 million, despite no debt and a cash balance of $23 million. With this kind of profile, one would expect to find a company losing a whole lot of money. But this is not the case: Versant has remained...
Read MoreWhile there is no doubt that free enterprise gives rise to recurrent episodes of speculation, the features that are common to these episodes are rarely analyzed, according to the author of A Short History of Financial Euphoria,...
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